Slide 1: Cover letter to BSE and NSE: Presentation on financials for FY20
July 08, 2020. The BSE Limited The National Stock Exchange of India Ltd. P. J. Towers, 25th Floor, Exchange Plaza, Bandra Kurla Complex, Dalal Street, MUMBAI – 400001. Bandra (E), Mumbai-400051. Scrip Code: 532368 Symbol: BCG Dear Madam/Sir, Sub: Presentation on financials for FY20. We are enclosing
Slide 2: Financials of FY2020
brightcom group FINANCIALS OF FY2020
Slide 3: Disclaimer
Certain Statements in this release reflecting our future growth prospects are forward – looking statements which involve a number of risks and uncertainties that could cause result to differ materially from those in such forward Disclaimer looking statements. The risks and uncertainties relating to
Slide 4: Historical Annual Income Statements (FY2015-FY2020)
Historical Annual Income Statements (FY2015-FY2020) (Amounts in Thousands, Years ended March 31) Operating Information FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Digital/Advertising Revenue $244,293 $277,587 $297,503 $305,643 $305,060 $315,161 Software Revenue $75,730 $66,744 $67,940 $70,293 $64,126
Slide 5: Historical Annual Balance Sheets (FY2015-FY2020)
Historical Annual Balance Sheets (FY2015-FY2020) (Amounts in Thousands, Years ended March 31) ASSETS FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Cash $9,042 $894 $12,412 $13,744 $14,938 $15,784 Accounts Receivable $136,376 $110,238 $199,734 $134,359 $128,636 $129,289 Short Term Loans & Advances $48,10
Slide 6: Annual Cash Flow Statements (FY2018 – FY2020)
Annual Cash Flow Statements (FY2018 – FY2020) (Amounts in Thousands, Years ended March 31) Sources: Operations FY2018 FY2019 FY2020 Net Income $62,403 $63,115 $62,092 Depreciation $17,615 $19,969 $25,328 Ammortization $0 $0 $0 Total Sources: Operations $80,018 $83,084 $87,420 Uses: Operations Change
Slide 7: Revenue Growth Analysis
Revenue Growth Analysis The Company’s FY2020 revenue of $381.8 million increased by 3.3% from $368.8 million in FY2019. The following tables show the revenue contribution and EBITDA contribution from each subsidiary. OMS contributes 37.06% followed by Dream Ad Group at 17.62% to the overall revenues
Slide 8: Revenue Bridge (FY2019 - FY2020)
The revenue increase of $13 million from $368.8 million in FY2019 to $381.8 million in FY2020 has come from contributions from each subsidiary as seen in the revenue bridge below. This indicates positive growth in business across all subsidiaries. REVENUE BRIDGE (FY2019 - FY2020) (Amounts in Million
Slide 9: Gross Margin Analysis
Gross Margin Analysis The Company’s COGS consist of media costs for advertising inventory. Media traffic quality is continuously improving as better filters are in place and higher quality media traffic has higher costs and higher returns for advertisers. The Company’s Digital/ Advertising gross mar
Slide 10: SG&A Analysis
SG&A Analysis The Company’s SG&A consist of: (i) personnel expenses, (ii) sales and marketing expenses, and (iii) administration expenses. The FY2017 SG&A of $116.1 million has increase to $124.8 million in FY2020. As a percentage of revenues, SG&A expenses have been range-bound between 32% to 34% o
Slide 11: EBITDA Analysis
EBITDA Analysis The Company’s FY2020 EBIDTA of $113.2 million increased by 4.4% from $108.5 million in FY2019. The $4.8 million increase in EBITDA YOY can be mainly attributed to increase in revenue and decrease in SG&A costs. EBIDTA margin percentage range remained bound between 29.5% to 30%. EBITD
Slide 12: Free Cash Flow Analysis
Free Cash Flow Analysis The Company’s $113.3 million FY2020 EBITDA was primarily utilized to fund the working capital and for capital expenditures of $38.3 million, representing 33.7% of EBITDA and increase in net working capital of $43.38 million, representing 38.3% of EBITDA. The Company’s $113.3
Slide 13: Equity Capitalization Chart
Equity Capitalization Chart Name Number Of Shares % Ownership Total Promoter Holding $186,427,685 36.7% Public $301,583,756 59.41% Foreign Venture Capital Investors $18,494,769 3.64% Foreign Portfolio Holding $1,145,289 0.23% Total Public Holding $321,223,814 63.28% Total $507,651,499 100%